Report Update Nov 1, 2024

Egypt - Gear Cutting, Gear Grinding or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Gear Cutting Machine Market 2024

Gear Cutting Machine Market Size in Egypt

The Egyptian gear cutting machine market dropped sharply to $X in 2021, shrinking by -36.9% against the previous year. In general, consumption showed a dramatic shrinkage. Gear cutting machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Gear Cutting Machine Production in Egypt

In value terms, gear cutting machine production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 3.7% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Gear Cutting Machine Exports

Exports from Egypt

In 2021, exports of gear cutting, gear grinding or gear finishing machines from Egypt fell to X units, waning by -14.3% compared with the previous year. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2013 when exports increased by 300% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020, and then declined in the following year.

In value terms, gear cutting machine exports plummeted to $X in 2021. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 2,073%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for gear cutting machine exports from Egypt, accounting for a approx. 492% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia amounted to +57.3%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for gear cutting, gear grinding or gear finishing machines exports from Egypt.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at +59.5%.

Export Prices by Country

The average gear cutting machine export price stood at $X per unit in 2021, waning by -46% against the previous year. Overall, the export price showed a deep reduction. The growth pace was the most rapid in 2014 when the average export price increased by 104%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -2.4% per year.

Gear Cutting Machine Imports

Imports into Egypt

For the third year in a row, Egypt recorded decline in purchases abroad of gear cutting, gear grinding or gear finishing machines, which decreased by -50.4% to X units in 2021. In general, imports faced a precipitous decline. The growth pace was the most rapid in 2018 when imports increased by 410% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, gear cutting machine imports declined to $X in 2021. Overall, imports showed a significant curtailment. The pace of growth was the most pronounced in 2018 with an increase of 469% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of gear cutting machine to Egypt, accounting for a 212% share of total imports. Moreover, gear cutting machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +44.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+51.9% per year) and Germany (0.0% per year).

In value terms, China ($X), Turkey ($X) and Germany ($X) constituted the largest gear cutting machine suppliers to Egypt, with a combined 98% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +73.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gear cutting machine import price stood at $X per unit in 2021, rising by 84% against the previous year. Overall, the import price continues to indicate significant growth. The growth pace was the most rapid in 2016 when the average import price increased by 134% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gear cutting, gear grinding or gear finishing machines in the world?

The countries with the highest volumes of gear cutting machine consumption in 2021 were Switzerland, China and Japan, with a combined 63% share of global consumption. These countries were followed by Estonia, Mexico, Germany, the Netherlands, South Africa and the United States, which together accounted for a further 23%.

What are the largest producers of gear cutting, gear grinding or gear finishing machines in the world?

The countries with the highest volumes of gear cutting machine production in 2021 were Switzerland, China and Germany, with a combined 70% share of global production.

What are the leading suppliers of gear cutting, gear grinding or gear finishing machines to Egypt?

In value terms, China, Turkey and Germany constituted the largest gear cutting machine suppliers to Egypt, with a combined 55% share of total imports. The UK, Italy, Bulgaria, Spain, India, Switzerland, the United States, Belgium and the Netherlands lagged somewhat behind, together comprising a further 32%.

What is the average import price for gear cutting, gear grinding or gear finishing machines in Egypt?

The average gear cutting machine import price stood at $11,912 per unit in 2021, increasing by 92% against the previous year.

This report provides an in-depth analysis of the gear cutting machine market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023